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17975 Collins Avenue

Updated Dec 4, 2024

Adriana Vargas Hernandez Closes $9.1M Condo Sale In Sunny Isles Beach
SOLDCondo

Adriana Vargas Hernandez Closes $9.1M Condo Sale In Sunny Isles Beach

17975 Collins Avenue

$9,100,000

$2,075/SF

Building Size

4,385 SF

Asset Type

Condo

Closing

May 6, 2024

About this deal

AI

The property involved is a condo located at 17975 Collins Avenue Unit 1502 in Sunny Isles Beach. The transaction closed at a sale price of $9,100,000 for a total area of 4,385 square feet, equating to a price per square foot of $2,075.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $9,100,000
  • Market: Sunny Isles Beach
  • Buyer's Representative: Adriana Vargas Hernandez - Acqualina Realty
  • Buyer's Representative Contact: [email protected], 305.389.5428

The buyer's representative for this deal was Adriana Vargas Hernandez from Acqualina Realty, who successfully closed unit 1502 at The Estates at Acqualina Residences. The exclusive off-market listings for sale and rent within The Estates at Acqualina are now available through Adriana Vargas Hernandez for private previews and detailed information.

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$9,100,000

$2,075/SF

Condo

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Players

Adriana Vargas Hernandez

Acqualina Realty

Broker

$200.3M

vol

28 deals

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Sunny Isles Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $2.1K per square foot on a published $9.1M for 4,385 square feet (2024).

Visit Adriana Vargas Hernandez to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.74%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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